Financial and economic News from israel - Economic World by Dan Bielski

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Cisco acquires the Israeli start-up company Sedona

Posted on May 11, 2021 by Ifi Reporter - Dan Bielski

American information technology giant Cisco acquires the Israeli start-up company Sedona, which develops communications technologies. According to IVC, the Israeli company has raised about $ 20...

The Israeli start-up Verbit acquired the American subtitle provider VITAC

Posted on May 11, 2021 by Ifi Reporter - Dan Bielski

The Israeli start-up company Verbit, which has developed an artificial intelligence-based transcription system, announced today (Tuesday) the acquisition of the American subtitle provider VITAC....

Playtica reports revenue of $ 639 million in the first quarter

Posted on May 11, 2021 by Ifi Reporter - Dan Bielski

Playtica reports revenue of $ 639 million in the first quarter of 2021, compared to revenue of $ 534 million in the same quarter in 2020. Net income remained unchanged at $ 35.7 million in the...

Bank of Israel considers to issue a digital Shekel

Posted on May 11, 2021 by Ifi Reporter - Dan Bielski

The Steering Committee of the Bank of Israel published a report on the public's attitudes towards a possible issuance of a "digital shekel", in which it notes the possible benefits...

93.2% of consumer loans frozen since the beginning of the crisis have already been repaid

Posted on May 11, 2021 by Ifi Reporter - Dan Bielski

93.2% of consumer loans frozen since the beginning of the crisis have already been repaid. This is a positive and important statistic, since consumer credit is considered high-risk credit. The...

Submarine case: indictments were filed against seven but not against Netanyahu lawyer

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

Almost four years after the start of the investigation into the submarine case (Case 3000), indictments were filed this morning (Monday) against seven alleged perpetrators of bias related to...

Hundreds of people demonstrated tonight across the country following the clashes in Jerusalem

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

Hundreds of people demonstrated tonight (Monday) across the country following the clashes in Jerusalem around the Sheikh Jarrah neighborhood and the Temple Mount. Roads were blocked and tires set...

The Investment Authority is embarking on an assistance track for industrial plants

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

The Investment Authority in the Ministry of Economy and Industry is embarking on an assistance track for industrial plants throughout the country, which retained workers at least 75%, relative to...

Diamond industry: In the first 4 months net imports of rough diamonds to Israel amounted to about $ 594 million

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

The positive trend recorded in the diamond industry continues since the end of 2020 and marked an excellent first trio for the industry, with significant increases in all four major trade...

The Supervisor of Banks demands banks r to improve the awareness of people with disabilities

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

The Supervisor of Banks has contacted the CEOs of the banks, the Ministry of Defense and the National Insurance Institute in order to improve the awareness of people with disabilities of the...

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El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →

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